Crypto winter has been going on for a while now, hasn’t it? It is getting cold, eh? Given the current scenario, it has become quintessential to diversify your portfolio if you want to save your capital and bank account from getting frostbitten.
While it is true that the whole crypto market is on a downtrend, it is an undeniable fact that some crypto projects have served as a bonfire in this freezing environment. All it takes is the ability to make the right choice. However, this is not an easy task; there are so many crypto projects out there; how do you know which to choose?
Well, needless to worry, we have two crypto projects that are already in the chimney and are all set to give you much-needed warmth in this crypto winter.
Dogetti: Join The Don In His Rise To The Top
Dogetti (DETI) is the most promising meme token in the market right now. Why? Well, because it has not even been a month, and they have already raised $315,574 in presales. These guys are killing it! Dogetti’s concept and design are inspired by the famous movie series ‘The GodFather’. Surely, an intriguing concept. Dogetti is on a mission to build generational wealth for its family (community) members. And it is doing so by giving the power back to the community. You can become a part of the Dogetti DAO and vote on the progressive direction of the project.
Dogetti has quite a rewarding ecosystem as well. 2% of every transaction that occurs in the ecosystem is redistributed to the community members. Implying you earn just by holding the meme token in your wallet. But, Dogetti is not only about making money! It is about charities as well! 2% of every transaction that happens in the ecosystem is given to charities. The best part? You, a family (community) member, get to vote as to which charities the project will donate to.
The Dogetti ecosystem currently has the DITE tokens, but they also plan to launch their very own NFT collection and a DAO that is responsible for managing the project. Judging from the design of the Dogetti mascots, their NFTs hold quite a lot of potential as well!
Floki: What Can Be Learnt From This Meme Coin?
Floki, in simple terms, is the successor of Shiba Inu. The story of Floki goes back to 2022 when Elon Musk said he was going to name his pet, a Shiba Inu, Floki. Coming after the success of Shiba Inu, Floki aims to give back to the community through charity work. Floki developers are also bent on creating their own blockchain ecosystem and hence, offer utilities to their users. The goal of Floki is to allow users to purchase NFTs and physical goods essentially. Floki has a noble vision of building schools in underdeveloped countries. Quite an honorable vision, eh?
Both the above-mentioned meme tokens have quite a substantial upside potential. However, since investing in its nature is risky, do your research before committing. As a rule of thumb, it is better to diversify your crypto investments across segments, namely, meme tokens, NFTs, utility-fuelled tokens, etc. Have a little bit of everything for a healthy diet!